CEO turnover has been rising during the past two years, among organizations that run the gamut as far as size, tax status and ownership structure. The reasons behind the trend are also plentiful. For starters, many hospice leaders are aging with the rest of the population and reaching retirement age. Others have migrated to other […]
Hospices are blazing trails toward growth, each provider with its own range of strategies. In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. Others are traveling a more traditional route, through de novos and acquisitions, though some are modifying their approaches in […]
Hospice leaders would like to see some changes in the space this year, particularly around staffing, payer relationships and regulation. Hospice executives in December 2022 shared their predictions for what would happen in the space during 2023. To follow up, a range of CEOs discussed with Hospice News what they would like to see happen […]
By the Bay Health CEO Steps Down After nearly a decade in the role, California-based By the Bay Health CEO Kitty Whitaker recently announced plans to retire this spring. Whitaker has been at the helm of the nonprofit since 2014, serving as COO prior to that. She became a hospice nurse for By the Bay […]
Alex Mauricio, president and chief strategy officer for Bristol Hospice, has taken the helm as CEO. He succeeds the company’s former top executive, Hyrum Kirton, who has transitioned to the board of directors. Mauricio became CEO effective Feb. 1, and he will remain the company’s president. Salt Lake City-based Bristol Hospice, a portfolio company of […]
Philadelphia-based First Docs is poised for multi-state expansion after securing new investment dollars from the private equity firm Webster Equity Partners. First Docs is a physician-led internal medicine practice that offers a range of health care services and frequently collaborates with hospice, palliative care, and home health providers, among others. The amount of Webster’s investment […]
Some hospice providers are walking a tightrope as they decide how to invest in recruitment and retention. Hospices have been pouring financial resources into efforts to bolster their workforce and are seeking ways to balance the costs associated with recruitment that differ from retention expenses. However, the process of calculating and comparing those costs can […]
Hospice providers are nearly desperate to recruit nurses, but their labor woes do not end there. A shortage of non-clinical staff is an additional sore spot. Providers are anticipating demand for non-clinical staff to rise as they compete for resources in an increasingly fierce labor market. Providers have seen no lights at the end of […]
Amedisys appoints new chief strategy officer Home health and hospice provider Amedisys Inc. (NASDAQ: AMED) recently named Nick Muscato as its new chief strategy officer. Muscato previously served as senior vice president of finance for seven years before stepping into the role. Moscato has led the company’s investor relations activities and has played a “pivotal […]
Bristol Hospice has acquired Hospice Select in the Dallas-Fort Worth area for an undisclosed sum. Bristol is a large multi-regional player that has grown seven times larger since private equity firm Webster Equity Partners purchased the company in 2017. The hospice operates more than 45 locations across 13 states, with EBITDA that exceeds $70 million, […]
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